Where a bank provides trade finance services to a customer, it should take steps, as part of its CDD process, to understand its customer’s business. Examples of the type of information the bank could obtain include the countries with which the customer trades, the trading routes used, goods traded, who the customer does business with (buyers, suppliers, etc.), whether the customer uses agents or third parties, and, if so, where these are based. This should help banks understand who the customer is and aid the detection of unusual or suspicious transactions.